Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 20,342 people, 8,407 houses or apartments, and a median cost of homes of $197,032, house prices in Sulphur are solidly below the national average.
Single-family detached homes are the single most common housing type in Sulphur, accounting for 68.05% of the city's housing units. Other types of housing that are prevalent in Sulphur include mobile homes or trailers ( 13.20%), large apartment complexes or high rise apartments ( 10.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sulphur. Owner-occupied housing accounts for 71.22% of Sulphur's homes, and 63.07% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sulphur built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sulphur built between 1940-1969 ( 36.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.00%). There's also some housing in Sulphur built before 1939 ( 1.88%).
Vacant housing appears to be an issue in Sulphur. Fully 18.22% of the housing stock is classified as vacant. Left unchecked, vacant Sulphur homes and apartments can be a drag on the real estate market, holding Sulphur real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Sulphur's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sulphur during the period has been just 4.54%, which is lower than 80% of US communities.
Over the last year, Sulphur appreciation rates have trailed the rest of the nation. In the last twelve months, Sulphur's appreciation rate has been 6.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sulphur were at 14.09%, which equates to an annual appreciation rate of 69.41%.
Importantly, this makes Sulphur one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Louisiana, our data show that Sulphur's latest annual appreciation rate is lower than 50% of the other cities and towns in Louisiana.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Sulphur differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sulphur - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sulphur real estate investment or home purchase decisions.
$197,032
for Louisiana
for nation
8,407
$1,466 / per month